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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: Q. who wrote (878)9/2/1998 11:54:00 AM
From: LemurHouse  Read Replies (2) of 3661
 
Unbelievable.

I bought a little over 2 years ago, and its been a dog for me ever since. Still, I have faith -- mostly -- that the stock will zoom when we finally see the semi equip upturn next year. I've been thinking that I'll just wait and if the stock doesn't move dramatically when the sector turns, then I'll get out and not look back. So, I've basically put this holding out of my mind for the past several months.

Now, at these levels, I find myself wondering if I should be buying. Price less than book is nice, but will the company be able to hang in there until the turnaround? (I think they are going to need most of that cash!) Also, what is the collective wisdom on the thread re MTSN's recent acquisition.

Shaking my head that I'm even considering getting in even deeper.

Thoughts anyone?

Andy
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